GDP

Business Confidence Hits 18-Month High as Optimism Surges

The election of Donald Trump to a second presidential term is fueling a wave of economic optimism, with business confidence reaching its highest level in 18 months. S&P Global’s latest data reveals accelerated growth across the services sector, underscoring the positive impact of Trump’s anticipated pro-business policies.

Rep. McCormick: Isolating Russia and Arming Ukraine Could End War Within a Year

Rep. Rich McCormick (R-GA) stated on Newsmax’s Newsline that Russia could be defeated within a year if properly isolated and if Ukraine is sufficiently armed. McCormick expressed confidence in President-Elect Donald Trump’s ability to broker a resolution to the ongoing Russia-Ukraine conflict, despite reported resistance from the Kremlin to Trump’s proposed peace plan.

Ukraine Secures $1.1 Billion from IMF for Budget Needs

Ukrainian Prime Minister Denys Shmyhal announced Monday that the country has received $1.1 billion in financial assistance from the International Monetary Fund (IMF).

U.S. Healthcare Spending Reaches $4.9 Trillion in 2023

Healthcare spending in the United States surged by 7.5% to $4.9 trillion in 2023, driven by increased medical service use and rising enrollment in private health plans, according to a report from the Centers for Medicare and Medicaid Services (CMS).

DeSantis Defends Immigration Policy as Florida’s Economy Grows

Florida Governor Ron DeSantis pushed back against "false media narratives" about illegal immigration, following a report highlighting the state's economic growth.

Trump Appoints Richard Grenell as Envoy for Special Missions

President-elect Donald Trump announced Saturday that longtime foreign policy adviser Richard Grenell will serve as an envoy for special missions in the incoming administration. Grenell, a trusted Trump ally, is tasked with tackling some of the world’s most challenging foreign policy issues.

Inflation Accelerates in November, Rising 2.7% Annually

Inflation rose in November at the fastest pace in four months, marking the second straight month of acceleration. The Department of Labor reported Wednesday that the consumer price index (CPI) increased by 2.7% over the past year, matching economists' forecasts. Core inflation, which excludes food and energy prices, climbed 3.3% year-over-year.

Javier Milei’s Reforms Show Results as Inflation Drops and Popularity Rises

Despite a challenging year for Argentina and President Javier Milei, the payoff from his tough economic reforms is becoming evident. His popularity is rising domestically and earning recognition among conservatives globally.

Bezos on Trump: ‘I’m Going to Help Him’

Jeff Bezos said during an interview that he feels "very optimistic" about the upcoming Trump administration.

Russia Hits Google with Record-Breaking $20 Decillion Fine Over YouTube Bans on Kremlin-Backed Channels

In a stunning escalation of its standoff with Big Tech, Russia has slapped Google with a colossal fine of $20.5 decillion, a figure vastly surpassing the combined GDP of the entire world. The unprecedented sum stems from Google’s decision to block Russian state-backed media channels on YouTube, including prominent outlets like RT and Sputnik, which were restricted following Russia's 2022 invasion of Ukraine. Russian authorities argue that these channels’ bans represent censorship and a violation of national sovereignty.

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